Foreign Direct investment Policy – definition of 'group company'

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..... ided to incorporate the following definition of group company in the FDI Policy contained in Circular 1 of 2013 Consolidated FDI Policy , effective from 05-04-2013: 2.1 Definitions 2.1.15 bis Group company means two or more enterprises which, directly or indirectly, are in a position to : (i) exercise twenty six per cent, or more of voting rights in other .....

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